OmniCar Holding AB (XSAT:OMNI) Interest Expense : kr-2.91 Mil (TTM As of Sep. 2023)

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What is OmniCar Holding AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. OmniCar Holding AB's interest expense for the three months ended in Sep. 2023 was kr 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was kr-2.91 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. OmniCar Holding AB's Operating Income for the three months ended in Sep. 2023 was kr -6.65 Mil. OmniCar Holding AB's Interest Expense for the three months ended in Sep. 2023 was kr 0.00 Mil. OmniCar Holding AB has no long-term debt ⁽¹⁾. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

OmniCar Holding AB Interest Expense Historical Data

The historical data trend for OmniCar Holding AB's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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OmniCar Holding AB Interest Expense Chart

OmniCar Holding AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.52

-1.15

-0.88

-2.90

-4.92

OmniCar Holding AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-1.72	-1.91	-0.55	-0.45	-

OmniCar Holding AB Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-2.91 Mil.

OmniCar Holding AB (XSAT:OMNI) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

OmniCar Holding AB's Interest Expense for the three months ended in Sep. 2023 was kr0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was kr-6.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was kr0.00 Mil.

OmniCar Holding AB's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

OmniCar Holding AB had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

OmniCar Holding AB (XSAT:OMNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OmniCar Holding AB (XSAT:OMNI) » Definitions » Interest Expense

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33A:Germany

Address

Valhojs Alle 158, Rødovre, DNK, 2610

Website

https://www.omnicarinvestor.com

OmniCar Holding AB is a Sweden based company engages in the development of a software solution that changes the way the car industry sells cars and after-sale service.

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